Uttarakhand Startup Policy-2023

Uttarakhand Startup Policy-2023 supports budding entrepreneurs and local businesses with financial help, incubation support and market access to encourage innovation and job creation across the state. The scheme gives cash benefits such as monthly allowance, marketing support and patent reimbursement to startups that are recognised by the Startup Council.

This state scheme is managed by the Department of MSME under the Directorate of Industries, Government of Uttarakhand. Applications are accepted online through the official Startup Uttarakhand portal, and the policy remains open for new startups and incubators in the 2026-27 period.

Uttarakhand Startup Policy-2023 - Overview

Uttarakhand Startup Policy-2023 works as a single window for startups, offering money help, mentorship and incubation support so that new ideas can grow into working businesses. The scheme mainly targets young companies and incubators, with extra benefits for startups run by women, SC, ST, physically challenged people and those based in Category-A districts of the MSME Policy.

The policy covers a wide range of support, from a monthly allowance and marketing assistance to reimbursement for patent filing and need based assistance for raw material and equipment. Incubators can also get capital grants and running expense support to build a stronger startup ecosystem in the state.

Benefits

Uttarakhand Startup Policy-2023 provides several financial incentives to support the growth of startups. The main benefits are listed below.

Startups can also claim reimbursement of up to ₹1 lakh for an Indian patent and up to ₹5 lakh for an international patent. The policy gives stamp duty exemption on lease deeds and land purchase, and reimburses State GST (SGST) on B2C supplies made within the state.

Recognised incubators receive a capital grant of up to ₹1 crore to set up a new incubator or scale up an existing one, plus ₹2 lakh per year for running expenses for three years. The state also supports a venture fund and matching grants of up to ₹2 crore to help startups raise early stage funding.

Eligibility

To get the benefits under this policy, a startup should meet the conditions set by the Startup Council. The main eligibility points are given below.

• The date of incorporation or registration should not be before seven years. For entities in the biotech sector, this limit is ten years.
• The annual turnover should not exceed ₹25 crore in any preceding financial year.
• The entity should not be an extension of an existing family business, nor formed by splitting up or reconstructing a business already in existence.
• The startup should be incorporated or registered in Uttarakhand, or employ at least 50% of its total qualified workforce from the state, excluding contract employees.

Application Process

Applications for Uttarakhand Startup Policy-2023 are submitted online through the official Startup Uttarakhand portal. Follow the steps below to apply.

STEP 1 - Visit the official Startup Uttarakhand portal at startuputtarakhand.uk.gov.in and create an account using your mobile number and email address.

STEP 2 - Complete the signup process and verify your mobile number with the six digit code sent to you.

STEP 3 - Fill in the startup registration form with your business details and upload the required documents such as the incorporation certificate.

STEP 4 - Submit the application online and wait for the Startup Council to review and recognise your startup.

Documents

Keep your business incorporation certificate, registration details, proof of innovation and bank details ready before applying. The exact list of required documents is given in the official guidelines on the Startup Uttarakhand portal.

References

Official Startup Uttarakhand Website | Uttarakhand State Startup Policy on Startup India | Uttarakhand Startup Policy 2023 PDF

FAQ's

Who qualifies as a startup under this policy?

Any entity incorporated or registered in Uttarakhand, or employing at least 50% of its qualified workforce from the state, that meets the age and turnover limits and focuses on innovation qualifies.

What is the maximum age of a startup to be eligible?

Your startup should not be older than seven years from incorporation. For biotech entities, the limit is ten years.

What is the turnover limit for startups?

Your annual turnover should not exceed ₹25 crore in any preceding financial year.

How much is the monthly startup allowance?

General startups receive ₹10,000 per month for one year. Startups run by women, SC, ST, physically challenged people or based in Category-A districts receive ₹15,000 per month.

Are other financial incentives accessible?

Yes, you can also get marketing assistance, patent reimbursement, stamp duty exemption, SGST reimbursement and need based assistance under the policy.

Is incubation support provided?

Yes, recognised startups get space at a discount at incubators, and incubators can receive capital grants and running expense support.

What is the capital subsidy for incubation centres?

Incubators can receive up to ₹1 crore as a capital grant to set up a new centre or scale up an existing one.

Is there help for startups from outside the state?

Yes, if your startup employs at least 50% of its qualified workforce from Uttarakhand, you are eligible to apply.

How should I apply for these benefits?

You should submit your application online through the official Startup Uttarakhand portal at startuputtarakhand.uk.gov.in.